Techs bid up in pre-open, TXN, Ford upgraded

CBS.MarketWatch.com

LONDON (CBS.MW) - U.S. shares were bid up in pre-open trading on Monday, supported by gains in European stocks and as early quarterly reporters largely met the results estimates. See full story.

WorldCom Japan CEO Kumar resigns

TOKYO (CBS.MW) -- WorldCom Japan president and CEO Vinod Kumar has resigned, CBS.MarketWatch.com has learned. See full story.

PanCanadian, Alberta Energy to form oil and gas giant

CALGARY (CBS.MW) - PanCanadian Energy agreed on Sunday to acquire Canadian rival Alberta Energy in an all-stock deal worth more than C$21.4 billion ($13.3 billion), creating one of the world's biggest independent oil and gas companies. See full story.

Data getting better, but still not positive

WASHINGTON (CBS.MW) -- The Federal Reserve is out of the picture for the next few months at least, but that doesn't mean investors can just ignore the economic data. See full story.

WSJ reporter abducted in Pakistan

NEW YORK -- The Wall Street Journal has received photographs of a reporter missing in Pakistan showing a gun being held to his head and alleging he is a spy with the CIA, a newspaper spokesman confirmed Sunday. See full story.

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